Project Accountant - CANA Ltd.

Cana Construction; Calgary; On-site; CAD 70,000 - 100,000; Full time

Job summary

CANA Construction is seeking a Project Accountant to join our Finance team in Calgary. The role focuses on timely billing, project financial reporting, and monitoring internal controls to strengthen project financial management.

The successful candidate will support project managers, review cost forecasts, and coordinate month-end closings while contributing to process improvements and audits. We value reliability, collaboration, and delivering accurate financial results for iconic Calgary

Qualifications

• Bachelor's degree in Business, Commerce, or related field.
• An accounting designation or progress towards a recognized designation.
• Minimum 5 years of experience in project accounting.
• Advanced knowledge of Job Cost Accounting principles, practices and procedures.
• Strong analysis and problem-solving ability to meet client and company needs.
• Proficient in Excel and prior experience with an ERP system.

Responsibilities

• Set up and maintain project and contract coding system in the ERP system; review budgets and estimates.
• Review transactions posted to the accounting system from job sites.
• Review cost forecasts and % completion; explain changes.
• Communicate with project managers, site staff and head office on financial results.
• Prepare monthly Business Unit Reporting Package and ad hoc project reports.
• Assist in understanding accounting, administrative and internal control procedures.
• Ensure timely monthly billing and holdback release; follow up on collections.
• Coordinate the closing of jobs in the accounting system.
• Identify and implement more efficient cost reporting and billing processes.
• Recommend updated policies and procedures for project accounting and reporting.
• Assist in preparation for annual financial and client project audits.
• Lead special projects relating to job costing as required.
• Collaborate with the Accounting team across needs.

Skills

Analytical thinking

Problem solving

Excel proficiency

ERP system usage

Communication with project teams

Education

Bachelor's degree in Business, Commerce, or related field

Accounting designation or progress towards designation

Minimum 5 years of experience in project accounting

Tools

ERP system usage

Job description

CANA has been arespected and trusted service provider in Alberta for over 80 years. Over thoseyears, we have developed a reputation for delivering projects safely, on budgetand on schedule. We provide quality design and construction strategies and solutionsto our clients using a think-straight, talk-straight, do-it-right-once approachwith no surprises. We’re known for some of the city’s most iconic buildingsincluding the Saddledome, Taylor Family Digital Library, Bella Concert Hall atMount Royal University, and the ATCO Commercial Centre. Come join a companywhere you can be involved in the next iconic project to help shape the Calgaryskyline for the future.

CANA Construction is part of anexciting, challenging, and evolving industry that offers a great foundation fora rewarding career. As leaders in the Construction Industry our resume includesa myriad of projects ranging from small facility renovations tocommercial/industrial complexes, aviation hangars, recreation and sportsfacilities, educational institutions, and high-rise buildings.

The Role

We areseeking a Project Accountant to join our Finance team. Reporting to the ProjectAccounting Supervisor, the successful candidate will be responsible for performingtimely and accurate billing and project financial reporting, as well asmonitoring key controls to support strong project financial management.

Key Responsibilities

• Assistproject managers in setting up and maintaining project and contract codingsystem in the ERP system. Review budgetand estimates set up.
• Assistproject managers with review of transactions posted to the accounting systemfrom the job sites.
• Reviewproject cost forecasts and percentage completion estimates. Coordinate withproject managers to understand and explain changes in forecasts andprofitability.
• Ongoingcommunication with project managers, site staff and head office regardingprojects and changes to expected financial results.
• Facilitatesmonthly project review with the Business Unit and Finance group to discussfinancial status of projects, issues and follow up action items. Post projectcost and revenue accruals and perform GL to subledger reconciliations at monthend.
• PreparesMonthly Business Unit Reporting Package and various ad hoc project reports asmay be required.
• Assistproject managers in understanding accounting, administrative and internalcontrol procedures.
• Timelyand accurate monthly billing and holdback release. Follow up on collections, and update commentsin accounts receivable.
• Coordinatethe closing of jobs in the accounting system.
• Identify,research and assist in implementing more efficient processes for project costreporting and billing.
• Recommendupdated policies and procedures applicable to project accounting and reporting
• Assistin preparation for annual financial audit and client project audits
• Assistand/or leading with special projects relating to job costing as may be required
• Collaborateswith the Accounting team, supporting the various needs from time to time.

WhatYou Bring

• Bachelor'sdegree in Business, Commerce, or related field.
• Anaccounting designation or progress towards a recognized accounting designation.
• Minimum5-year experience in project accounting
• Advancedknowledge of Job Cost Accounting principles, practices and procedures
• Stronganalysis and problem-solving ability to meet client and company needs.
• Proficientin Excel and prior experience with an ERP system.

Ownedand operated by the Simpson Family, CANA has provided reliable and trustedservice for three generations. Our dependability has been recognized with ourmembership as one of Canada’s 50 Best Managed Companies since 2002. CANA’ssuccess over the past seven decades has been largely due to the passion anddedication of our employees. We are built on the strength of our people. Wehire the very best employees; ones that bring a high level of enthusiasm and commitmentwith them to work each and every day.